From: Robin Hanson (rhanson@gmu.edu)
Date: Thu Oct 21 1999 - 08:59:32 MDT
The analysis at:
http://www.econ.yale.edu/~shiller/peratio.html
offers good reasons to suspect that US stocks will
do very poorly over the next ten years.
I am now completely out of US stocks, though
I do have a huge stake in DC area real estate.
Robin Hanson rhanson@gmu.edu http://hanson.gmu.edu
Asst. Prof. Economics, George Mason University
MSN 1D3, Carow Hall, Fairfax VA 22030
703-993-2326 FAX: 703-993-2323
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